FUJIFILM Holdings Co. American Depositary Shares (FUJIY) Upgraded at Zacks Investment Research
Zacks Investment Research upgraded shares of FUJIFILM Holdings Co. American Depositary Shares (OTCMKTS:FUJIY) from a hold rating to a strong-buy rating in a report released on Wednesday morning. They currently have $52.00 price objective on the technology company’s stock.
According to Zacks, “FUJIFILM shares have outperformed the industry in the past year. The company is benefiting from robust performance of Healthcare & Material and Imaging Solutions segments. Continuing solid performance from photo imaging, electronic imaging and optical device businesses are expected to drive Imaging Solutions segments top-line growth. Additionally, the company’s innovative product pipeline that includes mirrorless digital cameras and ultra-short throw projector is a key catalyst. Moreover, acquisitions are helping the company to expand in the fast growing healthcare sector. The company is acquiring Biogen’s biologics site in Denmark, which will be its fourth biopharmaceutical contract development and manufacturing site. FUJIFILM is heavily investing on Bio Contract Development and Manufacturing Organization (CDMO) business, which expands growth opportunities in healthcare.”
Separately, ValuEngine upgraded shares of FUJIFILM Holdings Co. American Depositary Shares from a hold rating to a buy rating in a research report on Friday, February 15th.
FUJIFILM Holdings Co. American Depositary Shares (OTCMKTS:FUJIY) last released its quarterly earnings data on Thursday, February 7th. The technology company reported $0.75 EPS for the quarter, missing the consensus estimate of $0.96 by ($0.21). FUJIFILM Holdings Co. American Depositary Shares had a return on equity of 5.29% and a net margin of 4.98%. The business had revenue of $5.56 billion during the quarter, compared to analysts’ expectations of $5.82 billion. Analysts forecast that FUJIFILM Holdings Co. American Depositary Shares will post 2.89 EPS for the current fiscal year.
FUJIFILM Holdings Co. American Depositary Shares Company Profile
FUJIFILM Holdings Corporation develops, produces, sells, and services imaging, information, and document solutions worldwide. Its photo and electronic imaging solutions include color films and others, such as color negative films, single-use cameras, color reversal films, and instant films; color paper and chemicals comprising photographic paper for color prints, inkjet papers, and photofinishing chemicals; photofinishing equipment consisting of film processors/printing equipment, digital minilabs/inkjet-system dry minilabs, and thermal photo printers; digital cameras and camera accessories; and TV camera/cine, and security lenses, as well as film processing and photo printing services.
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